St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-04-03
REAL ESrATE GOSSIP.

position, we could do more than is done
parrot sJyle-in three years.
REAL ESTATE GOSSIP.
ashland? My dear boy. you may safely
say that the Ashland boom is a thing of the
past. But do not forget to add that Ash
land is bound to grow, and grow steadily
and rapidly. l fear a good many enter
prisng spectators will not have money
enough to swing their purchases. and it
may be that the fellows who bought land
four ana five miles from town
will be gray-headed before they can
sell, but the boom cannot kill that
town, whatever it may do for Duluth. You
see it has too much iron at its door, too fine
a harbor and too great forests to be over
looked. Ashland is all right, but l am
mighty glad got out when | did. There
was lots OF fun up there this week. The
boom was virtually dead last Monday, but
some belated spectators who had just ar
rived, seeing the crowds on the streets and
in the hotels, gobbled up all they could
cover at fancy prices. Those men will be
sad a little later.
~
'.Any sales? Oh yes. but the week has
not shown any remarkably big DEALS"
and Secretary Harris, of the Real Estate
exchange, put his pen behind his ear. ''you
see the work of the exchange is becoming
more and more valuable, and more gener-
ally appreciated, every day. The members
are learning the ropes and they now talk up
more like it is done at the chamber of COM
meree. There have been several sales
lately, when the buyer listed the property
on Change the next day at
a higher figure. People understand
the value of the concern. A bulletin board
will be i'll place this week, on waiKsfafIa
Withdrawals will be posted, and that will
be great advantage in avoiding confusion.
The directors have made rule limiting to
ten days property that is listed for an indeti-
mite period 1t has been learned the same
parties have listed property with more than
one member of the exchange, and this is
against the rules. I have been directed to
reportall such disregard of rules to the
directors. There has been noticeable in
crease in sales ever since the exchange was
organized and its usefulness has only be-
gun to be appreciated -
~
.sYoung man, if you want to put some
solid facts before the public, % said promi-
nent dealer in North side. property, ''you
will whisper in the public ear this pointer:
atdout lots than in any other portion of
the city, The fellows laugh at Shfng e
creek, and make invidiOuS remarks about
the distance from business, and all that,
but the very men that laugh are the men
that buy. It's sharp scheme to keep
prices down until they can buy up all the
most desirable offerings. You see property
in the Harriet region is much higher priced
than that in the north lying at an equal dis
lance from business. The street car eX-
tension and the Minneapolis & Pacific road
will solve the problem of transportation,
and you can write it as truth that the North
side is going to show up with the greatest
growth when snow flies next fall.
1.-The 500 line has ordered the building
of one and one-half miles of road beginning
on its forty acre tract at Sandy Lake, to be
completed within sixty days. The COM
pany has determined to cross the river near
the mouth of Single creek and get into the
city over the NJ. & P.'' The gentleman who
is authority for the above statement is in a
position to know what he is talking about.
and it may be taken as substantially true.
This rumOr. if true will direct the attention
OF investors to northeast property Sandy
Lake was taken into the city by the last
extension and the "Soo's'' forty acres lies
on its south shore. The extensive car shops
of the road will unquestionably be built
there, and these. with the interest that is
being excited III Fridley. farther north, will
unquestionably warrant the heavy invest
ments that are being reported in that re-
gion.
Crystal Lake town is become one vast
hot-bed of real estate speculation. When
one Crystal Lake farmer meets another in
town the first question is: ''Have you
sold?" The c. l.. f. begins to have a con-
tempt for 'turnips and sch." and every
week he looks over his broad acres and adds
$40 OIL $40 to their value. 1t is said that
two OF three enterprising Yankees from that
region have converted their buggies into
real estate offices, and are slyly conducting
sales for their unsuspecting neighbors at a
good margin for themselves. Crystal Park
addition was plated on the east side of
Crystal lake last week, and block 4, near
the lake, has already been sold at 5000 a
lot
1t is not to be supposed that North side
property only is active. On the contrary, hold
ers of land to the south and west of Lake
Harriet were never better pleased with the
condition of the market than at present.
The demand for property of all kinds, both
lots and acres, is first rate, and every day
brings increased inquiries. The motor line
extension seems to be a generally conceded
fact, and it is a hoon't owners of land in
Washington Park and vicinity. Two blocks
were sold in the motor extension region yes
terday for $751; The southeast division
is scarcely whit behind the northeast side,
though the sales are generally smaller and
the buyers seem intent Oh making homes
rather than Specializing, There will be a.
great many residences built in the south
east this year. and that part of the city is
looking for a great awakening.
tsf
The following notes of transfers recorded
with the register of deeds will show some
thing of what has been done during the
past week:
NOTES.
Monday morning C. r. Kennedy sold to s.
z. Ruddiek for $4,000 the west half of south
cast quarter. section SO, township 118, range
20; part of southeast quarter of southwest